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· Egypt succeeded in establishing strong partnerships with several development partners and multilateral institutions to mobilize grants worth US$ 500 million to combat the impact of Covid-19. This was revealed by Minister of International Cooperation, Rania Al Mashat
· The grants will be spent towards procuring protective equipment, supplies for medical teams and isolation hospitals, strengthening the capacity of the Egyptian Red Crescent, training medical personnel as well as improving public awareness of the crisis
Egypt succeeded in establishing strong partnerships with several development partners and multilateral institutions to mobilize grants worth US$ 500 million to combat the impact of Covid-19. This was revealed by Minister of International Cooperation, Rania Al Mashat.
The grants will be spent towards procuring protective equipment, supplies for medical teams and isolation hospitals, strengthening the capacity of the Egyptian Red Crescent, training medical personnel as well as improving public awareness of the crisis,” She said.
The World Bank’s Board of Executive Directors approved a fund of US$400 million to be implemented in six Egyptian governorates to strengthen UHIS-related governance and institutions and to provide temporary financial protection. Egypt has also signed another agreement with the World Bank worth $50 million as part of the Emergency Response Project to combat the Covid-19 Pandemic for the Ministry of Health and Population. The European Union has extended help to the tune of Euro 530 million to develop the health sector. The other lending agencies and countries to Egypt included France for implementing the primary health care project with an amount of Euro 15 million (US$17 million), to purchase medical and protective equipment, African Development Bank and USAID.
